This gives Myer to be trading at less than historical PE ratio of less than 7 even after yesterday’s 21% increase. One would have thought that this should be a PE ratio company at 10 ish. Another 40% rise on the way perhaps? 70 cents target price is definitely not too outrageous.
News: MYR Myer Provides Trading Update For FY22, page-2
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Last
81.5¢ |
Change
-0.015(1.81%) |
Mkt cap ! $677.9M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.0¢ | 81.0¢ | $1.008M | 1.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7188 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 96969 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MYR (ASX) Chart |